Chapter 13
Definition of "Chapter 13"
A judicially approved plan in which a persons obligations are paid over three years. It is an arrangement for the repayment of debts which permits a credit user in severe financial straits to pay off credit obligations without declaring bankruptcy. See also bankruptcy; wage-earner plan.
Popular Real Estate Terms
" A metal plate attached to the lower end of a door to prevent marring from people "kicking" the door in order to open it. A metal plate mounted on the open edge of a stairs platform." ...
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Substance or material used at the top of a chimney at the roof to inhibit the development of moisture and to protect the metal. ...
Situation where a neighbor hood is gradually occupied by progressively lower income people. ...
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